Latest Business News

FG to implement policy compelling IOCs to drill or drop inactive oil wells

  Heineken Lokpobiri, minister of state for petroleum resources, says the federal…

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OpenAI says new image generator now available to free ChatGPT users globally

  OpenAI has expanded access to its advanced image-generation tool, previously limited…

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10 local shipping firms benefit from NCMDB’s $350m intervention fund

  The Nigerian Content Development and Monitoring Board, NCDMB, has given ten…

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Naira-for-crude: FG, Dangote set for talks as refinery imports 12.6m barrels

  There are indications that the naira-for-crude policy of the Federal Government…

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West African juntas impose 0.5% levy on imported goods from Nigeria, other ECOWAS nations

  Mali, Burkina Faso, and Niger have introduced a 0.5% levy on…

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Reps recovers N50bn in unpaid royalties, taxes from oil firms

  The House of Representatives Public Accounts Committee has recovered an additional…

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Further petrol price hike loom as naira-for-crude talks falter

Palpable anxiety engulfed the downstream oil and gas sector as operators await…

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ENERGY TIMES to honour Adelabu, Oyebanji, Kyari, Adesina April 11

  The Minister of Power, Adebayo Adelabu; the Group Chief Executive Officer…

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Telecom operators set up Working Group to protect infrastructure across Nigeria

  Telecom companies in Nigeria have set up an Industry Working Group…

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BUA Foods hits N1.5 trillion in revenue, profits soar 162%

  BUA Foods Plc has reported record-breaking results for its 2024 financial…

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